SWX:NOVNPharmaceuticals
Does Novartis’ AI‑Driven Immuno‑Dermatology Push With Relation Therapeutics Reshape The Bull Case For Novartis (SWX:NOVN)?
Recently, Relation Therapeutics announced a multi-program collaboration with Novartis in immuno-dermatology, combining US$55 million of upfront, equity and R&D funding with up to US$1.70 billion in potential milestones and royalties, alongside Novartis’s latest US FDA approval for Itvisma and strong Phase III trial results in immune thrombocytopenia and breast cancer.
Together, these developments spotlight how Novartis is pairing AI-enabled target discovery with late-stage pipeline execution...